Company DescriptionAnimoto Productions is a bunch of techies and film/tv producers who decided to lock themselves in a room together and nerd out.Their first release is Animoto, a web application that automatically generates professionally produced videos using their own patent-pending technology and high-end motion design. Each video is a fully customized orchestration of user-selected images and music. Produced on a widescreen format, Animoto videos have the visual energy of a music video and the emotional impact of a movie trailer.

Proceeds PurposesThe new funding will allow Animoto to expand its innovative online video creation service which enables consumers, professionals and businesses to create and share professional-quality videos.